Kuehne stays on the rise
Kuehne + Nagel improved its net turnover by 68% to CHF 10.2 billion in Q1/2022, generating a net profit of CHF 832 million. In ocean freight, originally Kuehne's core segment, container volumes reached 1 million teu in this period and the division's net turnover amounted to CHF 4.9 billion.
In January 2022, Kuehne + Nagel began measuring the congestion outside many ports around the world with the "disruption indicator", which records the waiting times of container ships in the eleven most important international port clusters on a daily basis.
Air freight volumes in Q1/2022 clocked in at 574 million t, with net sales of CHF 3.1 billion. To secure capacity for strategic customers, Kuehne + Nagel concluded a long-term contract with Atlas Air for two Boeing 747-8 freighters.
The land transport division posted a 13% increase in net revenue to CHF 982 million, while the contract logistics division grew by 16% and generated a net revenue of CHF 1.2 billion. (sh)